Copter, just want to say thanks. You are writing excellent well reasoned stuff lately.
The company is clearly priced for failure, evident in a well above market average discount rate applied to arrive at approx. $1. Two directors who know the game and have been in the same hot seat for years with a massive personal investment will have a plan. Their calm persona almost smacks of a nod and a wink!
I would much prefer a steady as she goes rise from earlier in the year $6.50 but I must admit I am enjoying the team's confidence and eagerly await news media's about turn (as they will in there 'here and now') when the buyers eventually accept risk is reduced and like the value to the extent of supporting a much higher SP. Seeing buy orders pile on top of frantic sellers will be a delight. Just don't know when, nobody does.
SGH Price at posting:
$1.13 Sentiment: Buy Disclosure: Held
(20min delay)